About Channel 40
Channel 40 is a Transportation, Automotive & Logistics company based in Sydney (Australia) founded in 2016 by Tom Cavanagh, and was acquired by Freelancer in November 2018. Road freight transportation is facilitated via a marketplace platform. Channel 40 offers products and services including Load Posting Platform, Quote Request Service, Secure Payment System, and Carrier Access Service. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its legal entity is Loadshift Pty Ltd. Its competitors include Ofload, Explorate and Freight Exchange; 3 of its 3 listed competitors have raised funding.
Company details
Channel 40 was founded in 2016 in Sydney, Australia. A marketplace platform for road freight transportation is operated, connecting carriers, shippers, and freight forwarders. Load details are posted by shippers to match with available trucks. Booking, tracking, and compliance processes are monitored through the system. Access is provided via applications on Android and iOS platforms.
- Headquarters Sydney, Australia
- Founders Tom Cavanagh
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website channel40.com.au
- Acquired by Freelancer (Nov 2018)
- Legal Name Loadshift Pty Ltd
- Investors
- Acquired byFreelancer
(Nov 2018)
Products & Services of Channel 40
Channel 40 offers a comprehensive portfolio of products and services, including Load Posting Platform, Quote Request Service, Secure Payment System, and Carrier Access Service.
Platform for shippers to post and manage freight loads online
Service to get competitive quotes from carriers for freight jobs
System for safe payments upon successful freight delivery
Service for carriers to find and secure freight opportunities
Investors in Channel 40
Channel 40 has secured backing from 1 investor. Prominent investors backing the company include Freelancer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An online marketplace is operated for freelancers in various industries. | 2009 | freelancer.com | Sydney, Australia |
Investor details for Channel 40
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People of Channel 40
1 people are tracked at Channel 40 (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tom Cavanagh | Founder | Leadership |
Complete people profiles for Channel 40
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Timeline of Channel 40
2 dated milestones of Channel 40 across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Channel 40 is founded.
- Exit Acquired by Freelancer.
Competitors of Channel 40
Channel 40 has 3 listed competitors in our database, 3 of them funded. They include Ofload, Explorate and Freight Exchange.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ofload.com.au | 2019 | Darlinghurst, Australia | $115.8M | Load providers are matched with truckers via a web-based marketplace. | ||
| explorate.co | 2016 | Brisbane, Australia | $7.5M | Freight transportation marketplace connecting shippers and shipping lines is operated. | ||
| freightexchange.com.au | 2014 | Sydney, Australia | $80,000 | Instant access to loads and customers |
Detailed competitors of Channel 40
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Related news about Channel 40
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Frequently Asked Questions about Channel 40
Channel 40 was founded in 2016.
Channel 40 is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Channel 40 was founded in 2016 in Sydney, Australia. A marketplace platform for road freight transportation is operated, connecting carriers, shippers, and freight forwarders. Load details are posted by shippers to match with available trucks. Booking, tracking, and compliance processes are monitored through the system. Access is provided via applications on Android and iOS platforms.
Channel 40's top competitors include Ofload, Explorate and Freight Exchange.
Channel 40 offers Load Posting Platform, Quote Request Service, Secure Payment System, and Carrier Access Service.
Channel 40 has 1 investor. Key investors include Freelancer.
Channel 40 operates through Loadshift Pty Ltd.
Yes. Channel 40 was acquired by Freelancer in November 2018.